|
Is it getting riskier to do business? According to a 2018 survey from North Carolina State and the AICPA, 92% of respondents said the volume and complexity of risks have increased over the past 5 years. In response, many companies have bolstered their Enterprise Risk Management programs and, as of 2017, 67% of large organizations employed a chief risk officer, up from 49% in 2014. But are companies focused on the right thing? Many are looking at analysis and documentation, versus action and remediation. And what role does risk management play in strategic planning? Not much according to the su
|
